Early reportsBusiness · Ireland

Proposed EU budget cut back in search for Christmas deal

First reported 2026-10-11 15:17 UTC · Updated 2026-10-11 15:17 UTC · 1 independent source

Ireland, which holds the EU's rotating presidency, suggested Saturday slashing the bloc's next proposed budget by 140 billion euros ($155 billion), in a quest to bridge deep divisions and reach a deal by the end of the year.

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Who reported it

  1. 2026-10-11 15:17 UTCThe Local Sweden · thelocal.se ↗
  2. 2026-10-11 15:17 UTCThe Local Norway · thelocal.no ↗
  3. 2026-10-11 15:17 UTCThe Local Switzerland · thelocal.ch ↗

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